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The total population of Madison town is estimated to be 4,738 with 2,290 males (48.33%) and 2,448 females (51.67%). There are 158 more females than males in Madison town.
The median household income in Madison town was $47,892 in 2021, which marked an a decrease of 2,494(4.95%) from $50,386 in 2020. This income is 64.19% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Madison town sees its highest median household income among householders in the age group of 45 to 64 years old, at $73,347. Overall, the median household income for the town of Madison town stands at $47,892.
In Madison town, the median income for all workers aged 15 years and older, regardless of work hours, was $30,567 for males and $18,383 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $39,556 for males and $46,022 for females.
In Madison town, population is primarily represented by White households, reporting a median income of $47,892.
In 2022, the population of Madison town was 4,785, a 1.03% increase year-by-year from 2021. Previously, in 2021, Madison town's population was 4,736, an increase of 0.28% compared to a population of 4,723 in 2020.
The median age in Madison, Maine is 50.1, as per 2021 ACS 5-Year Estimates. Of the total population, 8.47% were under the age of 15, 17.96% aged 15 to 29, 49.93% aged 30 to 64, 21.06% aged 65 to 84, and 2.59% were 85 years of age and older.
Racial distribution of Madison town population: 99.38% are White, 0.28% are Black or African American, 0.13% are Asian and 0.21% are multiracial.